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Month: May 2013

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David Moyes: Manchester United appoint Everton boss

BBC David Moyes will succeed Sir Alex Ferguson as Manchester United manager on a six-year deal starting on 1 July. Moyes, who leaves Everton after 11 years in charge at Goodison Park, was Ferguson’s recommendation to succeed him as manager…

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Dart’s patience has finished

Finally, after seven months of negotiations on the proposed Third Amendment to the National Roads Authority Agreement, Dart Realty (Cayman) Ltd, their patience has grown thin and they have said enough is enough. After Cabinet Minister’s “imminent” pledge that the…

iCrime iLocal News iWorld News News

CNB ROBBERS ALL FOUND GUILTY

David Tamassa, Rennie Cole, Andre Burton, George Mignot and Ryan Edwards HAVE ALL BEEN FOUND GUILTY of armed robbery of the daylight bank heist at Cayman National Bank in Buckingham Square last June. All five men were found guilty based…

Editorial Editors Choice iOpinion Our Eye

The Editor Speaks: No walk-ins or you’ll be run-in

“We will not be allowing any more walk-ins from [Friday, 3 May] until the 23rd May – the office will be on lock-down. “No one will be permitted into the office unless they are on the list with an appointment….

iBusiness iLocal News iWorld News News

Greenlight Increases Apple Investment

IVC POST | Marc Castro Greenlight Capital, David Einhorn’s investment firm, has increased its investment position in Apple Inc. He is quoted to having said that he is waiting for the company’s ‘next blockbuster product’. In a conference call for…

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Board brought down BMC – witness

Isaiah Morewagae, Staff Writer, Mmegionline Former general manager in charge of finance at the Botswana Meat Commission (BMC), Mpho Gabonewe, has said the board is responsible for the crisis engulfing the parastatal. He told the Select Parliamentary Committee investigating BMC…

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Investor demand spurs catastrophe bond sales: analysis

Bill Kenealy Business Insurance Strong investor demand will spur creation of catastrophe bonds and special-purpose vehicles throughout this year, SNL Financial L.C. said in a report. Charlottesville, Va.-based SNL said nine new entities registered in Bermuda and the Cayman Islands…

iLocal News iOpinion News Your View

Letter to the Editor from Carol-Ann Rudy

Dear Mr. Wilson, I just read your insightful article on the poems written by a Caymanian (Westin, I believe) and his daughter’s poetry as well. It was refreshing to read that you altered your opinion about free verse and started…

iBusiness iLocal News iWorld News News

Kryso Resources plans switch to Hong Kong

By Philip Whiterow, proactiveinvestors UK Gold miner Kryso Resources (LON:KYS) is to set up a new holding company based in the Cayman Islands ahead of a possible switch of listing to Hong Kong from AIM. Existing Kryso shares will be…

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Help prevent burglaries by taking simple security steps say police

Residents, holidaymakers and resort staff are reminded to keep their condos and hotel rooms secure after an attempted break-in at a Seven Mile Beach condo complex. Acting Chief Inspector Ian Yearwood, of George Town police station, states that simple security…